Walmart provided a disappointing earnings outlook with a warning of the first year-over-year decline in quarterly profit in three years. The warning may be more related to weight-loss drugs than tariffs.
Key Points
First year-over-year decline in quarterly profit in three years.
Stable consumer assumption and continued pressure from product mix globally.
Pros
Insight into Walmart's financial performance and future outlook.
Cons
Potential negative impact on Walmart's stock and investor confidence.